Ezinabala Development Group, Lugazi

Teddy N. is a 28-year-old female fishmonger. She has been operating her business for the last one-and-a-half years in Namasagali, Lugazi. In a month, she says she makes 100,000 shillings and is planning on buying more fish to sell to her increasing clientele.

Before Teddy became a fish monger, she had a retail shop businesses that she left to work together with her husband. With the loan, Teddy says she wants to buy more fish to sell to her ever increasing customers.

Teddy is the mother of two lively children. She has seen her kids through school, courtesy of her business.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.